Financial Analysts: A Job Description
A financial analyst as described in Todd Katz quest integrity main job is to help you make financial decisions and helps you make a decision in the stock market that is buying and selling of shares. Financial analyst job description includes is to check the investment portfolio, annual reports of a company and come up with a way by which you can invest and make a profit. Fund manager, portfolio manager, risk analyst and rating analysts are the different forms that a financial analysis may come as.
A financial analysis has ways and means to gather information that no other individual can a financial analysis can be able to gather information from big company managers and he can be able to analyze it unlike any other person he can be able to contact the big companies through his or her channels .
There are different things required in order to be a financial analyst this maybe you must have is a financial degree like an accounting or an economics degree then you must have a background in finance that is the portfolio and stock market, other companies prefer someone having a master in business administration.
A good financial analyst must have good analytical skills in order to collect as much information as possible from different sources and be able to analyze the information carefully and come up with a solution or a way that can make your employer money.
Communication skills are very vital they help you to be able to express yourself to the customer and be able to understand what the customer wants and also be able to analyze the information that the customer gives you this being the main skill that Todd Katz quest integrity advices on .
The other very crucial thing is paying attention to small details the small details may cause your client to lose a whole sum of money or even make a whole sum of money this means that a small detail may lead to you failing or succeeding hence great attention is required in the financial analysis sector.
Mathematics is a very crucial element in the financial world without it you cannot be able to crack down and analyze the information that you require if you make the wrong calculation you may end up making the wrong investment this may hart your career.
To be a financial analyst you must be able to be technical and literate enough that is you must be able to use and analyze your information using any computer and software that is handed to you without this ability you cannot be able to analyze your information correctly or even analyze your information at all.
There are different paths to follow in order to become a financial analyst the main one being the need to have a degree or masters then you can be a financial analyst after that you can be a portfolio manager and if you work hard enough you may end up being a fund manager as advised by Todd Katz quest integrity .